Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Watsco Inc. shares valued at $366,759 were sold by LOGAN BARRY S on May 10 ’24. At $473.85 per share, LOGAN BARRY S sold 774 shares. The insider’s holdings dropped to 1,770 shares worth approximately $0.83 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Macdonald John Alexander sold 5,334 shares, netting a total of over 2,487,848 in proceeds. Following the sale of shares at $466.41 each, the insider now holds 0 shares.
Before that, ALVAREZ CESAR L had sold 5,000 shares from its account. In a trade valued at $2,061,700, the Director traded Watsco Inc. shares for $412.34 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.0.
As published in a research note from Deutsche Bank on December 08, 2023, Watsco Inc. [WSO] has been rated up from a Hold to a Buy and the price target has been revised to $500 from $387. Analysts at Mizuho started covering the stock with ‘”a Neutral”‘ outlook in a report released in late July. As of July 10, 2023, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for WSO. Earlier on January 10, 2023, UBS initiated its rating. Their recommendation was “a Neutral” for WSO stock.
Analyzing WSO Stock Performance
During the last five days, there has been a drop of approximately -5.70%. Over the course of the year, Watsco Inc. shares have jumped approximately 8.86%. Nevertheless, trading volume fell to 0.66 million shares from 0.23 million shares the previous day.
Support And Resistance Levels for Watsco Inc. (WSO)
RSI (Relative Strength Index) is 38.34 on the 14-day chart, showing neutral technical sentiment.
